B-school students train NGOs in management

HYDERABAD: Students of the Indian School of Business (ISB) are giving business management lessons to non-governmental organisations (NGOs) as part of the B-school's Net Impact Club initiative.

Along with the Centre for Social Initiative and Management, the B-school students provided training to about 25 participants on finance, marketing and communication as part of a two-day workshop.

"The aim of the workshop was to help NGOs to improve efficiency by adopting better management practices. We prepared about seven training modules to introduce accounting concepts, cash budgeting, social marketing, fund raising and management of funds," said Abhishek Gupta, a student of ISB.

ISB, which claims to be the only B-school in the country to have a Net Impact Club, has about 100 student members. Net Impact is a global network of over 13,000 MBAs, graduate students, and professionals who share a common goal of using the power of business to improve the world.

About 20 NGOs including Women, Society for Environment and Education and Sathi Microfinance took part in the workshop.